'It appears that the cash squeeze of November 2016 whereby the government pulled 86 per cent of cash in circulation out of the economy virtually overnight finally did have a material impact on spending,' it said

In its Global Macro Outlook, Moody's Investors Service said the ruling BJP's victory in Uttar Pradesh elections indicates that the ruling party has remained politically popular despite the demonetisation exercise

India’s GDP growth for 2016-17 will get a 50 basis points push to 7.6 per cent following the recent revision in the base year for the Wholesale Price Index (WPI) and the Index of Industrial Production (IIP), former Chief Statistician Pronab Sen said

Cutting India’s growth rate by one percentage point due to the "temporary negative consumption shock" of demonetisation, the International Monetary Fund (IMF) predicted it to be 6.6 per cent for the current fiscal year.

A maiden coordinated strategy and more than 20 per cent month-on-month traffic progress development offered wings to the nation's aviation sector in 2016. The sector reaped benefits out of a rise in domestic disposable income,

India is at the second position among countries with the highest increase in their contribution to high-quality scientific research, according to a new report which shows that the growth of research in the country is